Amway (Malaysia) Holdings Bhd (6351) - Net Assets

Latest as of December 2025: RM255.19 Million MYR ≈ $64.07 Million USD

Based on the latest financial reports, Amway (Malaysia) Holdings Bhd (6351) has net assets worth RM255.19 Million MYR (≈ $64.07 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM501.79 Million ≈ $125.98 Million USD) and total liabilities (RM246.59 Million ≈ $61.91 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Amway (Malaysia) Holdings Bhd balance sheet assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets RM255.19 Million
% of Total Assets 50.86%
Annual Growth Rate 0.87%
5-Year Change 18.18%
10-Year Change 21.08%
Growth Volatility 9.47

Amway (Malaysia) Holdings Bhd - Net Assets Trend (2012–2025)

This chart illustrates how Amway (Malaysia) Holdings Bhd's net assets have evolved over time, based on quarterly financial data. Check 6351 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Amway (Malaysia) Holdings Bhd (2012–2025)

The table below shows the annual net assets of Amway (Malaysia) Holdings Bhd from 2012 to 2025. For live valuation and market cap data, see 6351 stock market capitalisation.

Year Net Assets Change
2025-12-31 RM255.19 Million
≈ $64.07 Million		 -16.28%
2024-12-31 RM304.83 Million
≈ $76.53 Million		 -0.93%
2023-12-31 RM307.68 Million
≈ $77.25 Million		 +21.29%
2022-12-31 RM253.68 Million
≈ $63.69 Million		 +17.48%
2021-12-31 RM215.93 Million
≈ $54.21 Million		 -3.71%
2020-12-31 RM224.26 Million
≈ $56.30 Million		 +0.75%
2019-12-31 RM222.58 Million
≈ $55.88 Million		 +2.76%
2018-12-31 RM216.60 Million
≈ $54.38 Million		 +1.18%
2017-12-31 RM214.07 Million
≈ $53.75 Million		 +1.57%
2016-12-31 RM210.76 Million
≈ $52.92 Million		 +2.31%
2015-12-31 RM206.00 Million
≈ $51.72 Million		 -11.21%
2014-12-31 RM232.00 Million
≈ $58.25 Million		 -0.85%
2013-12-31 RM234.00 Million
≈ $58.75 Million		 +2.63%
2012-12-31 RM228.00 Million
≈ $57.24 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Amway (Malaysia) Holdings Bhd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 131.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings RM87.98 Million 34.48%
Other Components RM167.21 Million 65.52%
Total Equity RM255.19 Million 100.00%

Amway (Malaysia) Holdings Bhd Competitors by Market Cap

The table below lists competitors of Amway (Malaysia) Holdings Bhd ranked by their market capitalization.

Company Market Cap
Sapura Energy Bhd
KLSE:5218
 $189.05 Million
Koza Polyester Sanayi ve Ticaret A.S.
IS:KOPOL
 $189.11 Million
Precision BioSciences Inc
NASDAQ:DTIL
 $189.13 Million
Northern Minerals Ltd
AU:NTU
 $189.17 Million
High Tide Inc
NASDAQ:HITI
 $188.98 Million
Syrah Resources Ltd
AU:SYR
 $188.93 Million
Adgar Investments and Development Ltd
TA:ADGR
 $188.93 Million
Socovesa
SN:SOCOVESA
 $188.89 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Amway (Malaysia) Holdings Bhd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 304,830,000 to 255,194,000, a change of -49,636,000 (-16.3%).
  • Net income of 45,268,000 contributed positively to equity growth.
  • Dividend payments of 98,630,000 reduced retained earnings.
  • Other factors increased equity by 3,726,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income RM45.27 Million +17.74%
Dividends Paid RM98.63 Million -38.65%
Other Changes RM3.73 Million +1.46%
Total Change RM- -16.28%

Book Value vs Market Value Analysis

This analysis compares Amway (Malaysia) Holdings Bhd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 2.95x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 3.57x to 2.95x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2016-12-31 RM1.28 RM4.58 x
2017-12-31 RM1.30 RM4.58 x
2018-12-31 RM1.32 RM4.58 x
2019-12-31 RM1.35 RM4.58 x
2020-12-31 RM1.36 RM4.58 x
2021-12-31 RM1.31 RM4.58 x
2022-12-31 RM1.54 RM4.58 x
2023-12-31 RM1.87 RM4.58 x
2024-12-31 RM1.85 RM4.58 x
2025-12-31 RM1.55 RM4.58 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Amway (Malaysia) Holdings Bhd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 17.74%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.03%
  • • Asset Turnover: 2.24x
  • • Equity Multiplier: 1.97x
  • Recent ROE (17.74%) is below the historical average (26.04%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2015 31.16% 6.27% 2.58x 1.92x RM43.46 Million
2016 25.93% 5.03% 2.57x 2.01x RM33.57 Million
2017 24.59% 5.35% 2.37x 1.94x RM31.24 Million
2018 25.17% 5.61% 2.41x 1.86x RM32.85 Million
2019 22.98% 5.29% 2.18x 1.99x RM28.90 Million
2020 20.91% 4.07% 2.38x 2.16x RM24.47 Million
2021 17.03% 2.48% 2.77x 2.48x RM15.19 Million
2022 30.31% 5.08% 2.73x 2.19x RM51.51 Million
2023 37.68% 8.23% 2.30x 1.99x RM85.16 Million
2024 32.91% 8.24% 2.29x 1.74x RM69.84 Million
2025 17.74% 4.03% 2.24x 1.97x RM19.75 Million

Industry Comparison

This section compares Amway (Malaysia) Holdings Bhd's net assets metrics with peer companies in the Specialty Retail industry.

Industry Context

  • Industry: Specialty Retail
  • Average net assets among peers: $221,412,135
  • Average return on equity (ROE) among peers: 9.46%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Amway (Malaysia) Holdings Bhd (6351) RM255.19 Million 31.16% 0.97x $189.02 Million
Kim Hin Joo (0210) $46.32 Million 17.71% 0.31x $8.11 Million
SSF Home Group Berhad (0287) $97.65 Million 17.03% 0.53x $76.32 Million
myNEWS Holdings Bhd (5275) $253.16 Million 7.05% 1.60x $81.01 Million
Innature Bhd (5295) $148.68 Million 14.35% 0.23x $28.36 Million
Senheng New Retail Bhd (5305) $543.70 Million 4.60% 0.66x $48.96 Million
MST GOLF GROUP BERHAD (5316) $238.96 Million -3.99% 0.43x $28.85 Million

About Amway (Malaysia) Holdings Bhd

KLSE:6351 Malaysia Specialty Retail
Market Cap
$189.02 Million
RM752.89 Million MYR
Market Cap Rank
#16738 Global
#221 in Malaysia
Share Price
RM4.58
Change (1 day)
-1.51%
52-Week Range
RM4.53 - RM5.37
All Time High
RM8.01
Categories
Companies in Malaysia Specialty Retail
About

Amway (Malaysia) Holdings Berhad, an investment holding company, distributes consumer products in Malaysia. The company offers health, beauty, personal care, energy, children, personal shoppers, home living, and home care products under the NUTRILITE, body key, XS, ARTISTRY, G&H, GLISTER, SANITIQUE, e-spring, ATMOSPHERE, and Amway home brands through the brick-and-mortar and online stores. Amway … Read more